Across the globe, an unprecedented office building boom is underway with over 65 mln sqm of space under construction that will deliver between now and the end of 2019, Cushman & Wakefield’s Global Office Forecast reports. That’s the equivalent of recreating five cities worth of office inventory – Washington, DC, Dallas, London, Singapore and Shanghai – over the next three years.
Investment & finance
BULGARIA OTP Bank, its Bulgarian subsidiary DSK Bank and Postbank have granted a EUR 133 mln senior financing package to Business Park Sofia with Pricing set at 2.65 pct, plus the three-month Euribor, and a stated maturity of 2027.
Investment & finance
HUNGARY Europa Capital has concluded the sale of the Kalvin Portfolio, Budapest. The Kalvin Portfolio comprises two city centre office buildings in Budapest with a total floor area of 26,000 sqm.
POLAND Asbud Group has acquired land for the development of two residential towers at Rondo Daszyńskiego in Warsaw.
ROMANIA Romanian DIY chain Dedeman has opened a new 15,000 sqm store in Iași at 2 Bulevardul Primăverii in a EUR 16.5 mln investment.
CEE REGION Mas Real Estate Investment has announced that it is to increase its capital commitment to its joint venture with Prime Kapital from EUR 200 mln to EUR 350 mln of preference share capital.
SERBIA Italian shoe maker Progetti has bought a greenfield investment site in Knjaževac, representing the first new industrial development in the area for 30 years.
Investment & finance
ROMANIA British DIY retailer Kingisher, which owns the Brico Dépôt chain, is to buy its rival Praktiker in Romania for an undisclosed sum.
POLAND Rplus of Warsaw has developed the Aplus plugin for AutoCAD programme, which facilitates design to BIM specifications with over 2,500 functions.
WORLD Axis has launched its Q86 and Q87 range of positioning cameras, giving operators faster and more accurate pan and tilt capabilities to monitor large-scale sites, perimeters and borders in real-time and are able to respond instantly to security alerts and incidents.
POLAND Sports store Martes Sport is to move into Silesia Outlet in Gliwice with a lease of 683 sqm.
POLAND Amstar and BBI Development has finalised the sale of 72 units in their luxury residential building Złota 44 in Warsaw to German-based Catella Wohnen Europa real estate fund.
POLAND Mirbud has received a letter of intent from Pannatoni Development Europe to build a warehouse and logistic hall in Natolin, a village just outside Łódź.
POLAND HR consultancy Gavdi Polska is to move into the GPP Business Park in Katowice with Knight Frank having represented the tenant during the negotiations.
POLAND Immofinanz has opened Myhive IO-1 in Warsaw’s Mokotów district, which is the sixth office building of the Myhive brand in Poland.
POLAND Four tenants have signed leases for a total area of over 3,400 sqm in Praskie Centrum Koneser in Warsaw and as a result the office section is now over 86 pct pre-leased.
POLAND Projprzem of Bydgoszcz has signed a preliminary contract with to sell its factory in Sępólno Krajeńskie to Eggersmann Polska for EUR 3.75 mln.
Residential
POLAND Bouygues Immobilier has topped off the two buildings of Villa Alouette, a project next to Grabiszyński Park in Wrocław.
POLAND The Polish Chamber of Tourism has set up a team to deal with MICE issues.
Events
POLAND The Charity Real Estate Beach Volleyball Tournament, organized by JLL, will be held for the eighth consecutive time in Warsaw.
High-rise developments may be developed near the National Stadium metro station. The city's spatial policy clearly aims to break down the division bet ...
Budimex has been awarded a PLN 146 mln contract to construct the foundations of the passenger terminal of the new airport that forms part of the massi ...
The Globalworth Foundation has provided the authorities in Bucharest with office space for a Covid vaccination centre.
Panattoni BTS and Commercecon together support the establishment of the second Centaurus Foundation centre in Poland to help horses and other animals.
While just a few years ago, investment locations were primarily determined by demand, today access to electricity is becoming a key factor. According ...
Shopee is ending its operations in Poland. The Asian e-commerce platform, which debuted in Poland in 2021, intends to focus on operations in other reg ...
Galeria Jurajska has completed BREEAM In-Use recertification with a rating of Excellent for both Asset Performance and Management Performance. The cer ...
The 15th EurobuildCEE Awards Gala is now behind us and all the winners can be revealed! Special congratulations go to Kazimierz Kirejczyk, who was pre ...
We spoke with Zdena Noack, managing director of Zeitraum Student Housing, during the opening of Zeitraum Racławicka in Kraków.
The June issue of EurobuildCEE magazine has now hit the shelves! And one of its recurring themes is how best to operate in an increasingly mature and ...
On 6 August, the 15th JLL Charity Beach Volleyball Tournament for the Real Estate Industry will take place at Warsaw's Monta Beach Volley Club. Eurobu ...
At the beginning of this year, Erste Group, which was already very active in the real estate financing market in Poland and the CEE region, acquired a ...
After a long break, we invite you to hot episode of the "Eye to eye" podcast! Today we talk with Władysław Grochowski, the head and founder of Arche.
The UN Nansen Refugee Award award will go to Poland for the first time. According to the office of the UNHCR High Commissioner this year's regional wi ...
Czech developer CTP has been granted a EUR 200 mln loan from the European Investment Bank for the roll-out of its large-scale solar panel installation ...
Marvipol has launched sales for suites in its latest hospitality project, Unique Hotel Kołobrzeg. The five-star complex, comprising 227 suites, rangin ...
Marek Noetzel has been appointed CEO of NEPI Rockcastle and announced a new management team, based entirely on internal promotions.
Budimex has begun a full-scale refurbishment and modernisation of Grudziądz railway station on behalf of Polish State Railways (PKP). Delivered under ...
The Wiedeńska Town House in the centre of Poznań, which dates back to the early 20th century, has been renovated and converted into a food hall with i ...
Deka Immobilien has sold the Mokotowska Square office building in central Warsaw to a major tenant of the building, WB Electronics, for around EUR 39 ...
Panattoni has acquired two properties near Gothenburg, Sweden. The brownfield sites will be replaced by a modern 43,000 sqm facility.
Contemporary cities are grappling with the challenge of fostering dynamic growth while alleviating environmental pressures. Traditional infrastructure ...
Global insurance company WTW has leased 2,400 sqm of office space in V Tower in central Warsaw for its new Polish headquarters.
JLL has been appointed the exclusive leasing agent responsible for the Equal Business Park office complex in Kraków, owned by Apollo Rida. JLL's other ...
Budimex has completed the reconstruction and expansion of the swimming pool and sports and entertainment hall of the Szczecin Sports Centre. The const ...
The Inspire residential estate in Katowice's Three Ponds Valley has received occupancy permits for its final two stages, marking the completion of the ...
Medical clinic brand Villa Nova has extended and expanded its presence in the Vis à Vis Wilanów retail park in Warsaw’s Wilanów district.
Singu, a European platform for managing commercial property, has today announced the acquisition of QRmaint, one of Europe's fastest-growing providers ...
Szczecin, Rzeszów and Białystok have come out on top in 'the Beyond the Hubs' ranking, produced by investor Accolade in partnership with REDD and Mich ...
June 2026